Reddit valued at $6B on a $250M round

Re:Reddit valued at $6B on a $250M round by dmode on Tuesday February 09, 2021 @01:26AM (#26074510)

Reddit to me feels very undervalued. As witnessed by the GameStop saga and previously through the influence of r/D_T, Reddit has tremendous influence on modern society and shapes a lot of our narratives. They should be valued way over $6bn

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Re:Reddit valued at $6B on a $250M round by betwixthewires on Tuesday February 09, 2021 @03:23AM (#26075092)

Well you've got to have a concrete metric to come to that number. And while reddit is still hugely influential, it isn't what it used to be and it's importance is waning. A lot of the discourse is happening distributed across the internet nowadays, which I personally think is a good thing.

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Re:Reddit valued at $6B on a $250M round by stopChanging on Tuesday February 09, 2021 @04:22PM (#26082531)

I agree, but only if I compare to airbnb ($120B), doordash & roku (59B), or maybe the more directly comparable snapchat at 95B.

Perspective is skewed by the stock market doing crazy things lately. Reddit doesn't get the benefit of that.

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Re:Reddit valued at $6B on a $250M round by dmode on Wednesday February 10, 2021 @01:05PM (#26092655)

Shouldn’t the hyper inflated stock market valuation spill to private valuation as well

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